1 Beaconsfield Court
Somerville, VIC 3912

This property presents a great investment opportunity for astute investors seeking a high-yield asset. The site comprises eight studios, each designed to provide comfortable and private living spaces. The property features nine kitchens and nine bedrooms, ensuring ample accommodation for tenants. There are eight bathrooms, providing convenience and privacy for residents.

Each studio is rented out to individual tenants under lease agreements with paid bonds, ensuring steady rental income. The yearly rental income is approximately $143,000, reflecting the strong demand and excellent return on investment potential.

Located directly across the road from Somerville Secondary College, the property benefits from proximity to educational facilities, making it attractive to students and staff seeking convenient accommodation. The surrounding area offers a range of amenities within walking distance, including fast food outlets such as McDonald's and Subway, fuel stations like Woolworths Petrol, primary schools, places of worship, cafes, and the local police station.

The property includes three car parking spaces, adding value and convenience for tenants with vehicles. The land size is approximately 597 square meters, providing a substantial footprint for the multiple studios and associated facilities.

This investment is ideal for those looking to acquire a well-located, income-generating property with established tenants and leases in place. The combination of multiple self-contained studios, strong rental yield, and proximity to key local amenities makes this an attractive addition to any investment portfolio.